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By Victor Zarnowitz

Victor Zarnowitz is a world-famous economist. Victor Zarnowitz is usually a guy who grew up within the Polish city of Oswiecim, recognized in German as Auschwitz. Zarnowitz and his brother fled the world because the Nazis complicated in September 1939. relocating eastward, he landed correct within the fingers of the Soviets and was once despatched to a Siberian Gulag. How did this remarkable younger guy, who approximately died by the hands of the Soviets, turn out a well known college of Chicago economist? that is precisely what this inspiring, lyrical memoir―told in basic, attractive prose―is all about.

The recipient of many prizes and honors, Zarnowitz continues to be, at age eighty-seven, one of many six economists who come to a decision formally that the U.S. is in a recession. he's additionally a charming author and his memoir an exhilarating web page turner:

-In September 1939 Victor and his brother walked the total width of Poland with the blitzkrieg simply at the back of them. They ran correct into oncoming Soviet troops. Zarnowitz used to be trapped on the junction of the 2 so much fearsome armies the area had ever obvious. He was once actually status within the heart aspect of history.

-The Soviets thought of Polish refugees prisoners of warfare. In 1940, they transported Zarnowitz and his brother hundreds of thousands of miles north and placed them to paintings in Stalin's oldest Gulag. They earned their day-by-day gruel and bread crusts through attempting to meet most unlikely paintings quotas.

The final 3rd of the e-book brings the tale brand new, telling, in a non-technical demeanour, of Zarnowitz's lifestyles in the USA and his expert occupation. It comprises his observations of alternative economists and their rules, his personal contributions to business-cycle idea and financial symptoms, and his suggestions on greater than a half-century of yank history.

While memoirs of the Holocaust are abundant, the Jewish event in Stalin's Gulags has been almost forgotten. Weaving politics and economics into the harrowing story of his own trip, Zarnowitz's inspiring lifestyles tale offers a worthy point of view on the most anxious upheavals of the 20 th century―and at the resilience and gear of the human spirit.

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